Capstone Copper Corp. (TSE:CS) Receives Consensus Recommendation of “Buy” from Brokerages

Capstone Copper Corp. (TSE:CS) has received an average rating of “Buy” from the nine brokerages that are presently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold recommendation, six have issued a buy recommendation and two have given a strong buy recommendation to the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is C$12.11.

Several equities analysts have commented on CS shares. Scotiabank raised their price objective on Capstone Copper from C$10.00 to C$11.00 and gave the company an “outperform” rating in a research report on Monday, May 5th. Raymond James Financial raised Capstone Copper to a “moderate buy” rating in a research report on Monday, June 30th. Desjardins raised Capstone Copper to a “moderate buy” rating in a research report on Thursday, April 3rd. Finally, National Bankshares raised their price objective on Capstone Copper from C$8.75 to C$9.75 and gave the company an “outperform” rating in a research report on Wednesday, July 9th.

Capstone Copper Stock Performance

Shares of CS stock opened at C$7.74 on Friday. The stock has a fifty day moving average of C$7.68 and a 200 day moving average of C$7.72. Capstone Copper has a 52 week low of C$4.98 and a 52 week high of C$11.15. The firm has a market capitalization of C$4.14 billion, a price-to-earnings ratio of -198.15, a PEG ratio of -0.09 and a beta of 2.14. The company has a quick ratio of 0.98, a current ratio of 0.94 and a debt-to-equity ratio of 44.16.

About Capstone Copper

Capstone Copper Corp is a company that mines, explores, and develops mineral properties in the Americas. Specifically, the group has operating mines in the US, Mexico, and Canada, and development projects in Chile and Canada. Capstone’s main focus is copper, but the company also produces zinc, lead, molybdenum, silver, and gold.